GOLD: Whitney project assays almost 50 g/t for Temex

ONTARIO – Temex Resources Corp. of Toronto has even more high grade assay results from the Whitney gold project in Timmins. Four notable holes returned the following assays:

ONTARIO – Temex Resources Corp. of Toronto has even more high grade assay results from the Whitney gold project in Timmins. Four notable holes returned the following assays:

  • 31.64 g/t Au over 8.30 metres including 49.38 g/t over 5.00 metres
  • 23.41 g/t Au over 8.90 metres including 43.67 g/t over 4.40 metres
  • 6.57 g/t Au over 7.30 metres including 27.13 g/t over 1.00 metre
  • and 10.01 g/t Au over 5.20 metres including 21.57 g/t over 2.00 metres.

These holes were part of the drilling campaign begun in November 2012. Temex is outlining several near surface, high grade targets that will allow for an accelerated production profile.

The Whitney project area includes the former Broulan and Hallnor gold mines. The Hallnor mine had the highest grade in the Timmins Gold Camp. During its life it produced 1.7 million oz of gold from an average grade of 13.7 g/t Au.

Although the Upper Hallnor area is considered "highly prospective", Temex has 43-101-compliant numbers of 3.0 million measured tonnes grading 2.44 g/t Au, 8.8 million indicated tonnes grading 1.97 g/t Au, and 4.1 million inferred tonnes grading 1.82 g/t Au.

Temex (TemexCorp.com) is the operator and 60% owner of the Whitney gold project. The balance, 40%, is owned by Goldcorp of Vancouver.

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